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| Letter (Metropolitan Museum of Art) |
I have a soft spot for folks who write letters to newspapers. Passionate, opinionated, often making excellent points, they're like amateur, shambolic, unpaid columnists. I owe my Chicago memoir to a frequent newspaper letter writer, Bill Savage, who midwifed the process.
Most organizations – including governments – have budgets: estimates of the expenses of operation and the expected revenues needed to meet those expenses. Related to this are ongoing accountings of funds received and distributed.
During this past year, vast sums of new incomes have been declared by the Trump administration: money from tariffs, money extorted from law firms, etc. There have also been savings by the refusal of the administration to fund programs established by Congress. Further, there have been the revocations of hundreds of millions of dollars of grants made for medical and scientific research – and threats of withholding of funds allocated to cities and states that do not comply with Trump’s edicts. And then there are the “donations” made by entities seeking to curry Trump’s favor (or forestall his ire).
In addition, the ad hoc “Department of Government Efficiency” (DOGE) was supposed to be cutting expenditures via elimination of “waste and fraud.” Many of their initials claims of massive savings have been disproven; their main goals were not financial – but rather the destruction of entities (like the Department of Education and international organizations) that the administration disliked. “Waste and fraud” turns out to have been nothing more than a convenient justification: NO efforts were made to identify and correct systemic problems.
Where have the accumulated billions gone – what accounting is there? And what have these monies been used for? Clearly not for services benefitting the American public (many of those have been undercut or abolished). Clearly not to assist local law enforcement (despite the administration’s charges of lawlessness in some cities, like Chicago). Clearly not to protect our nation’s natural resources. Clearly not to promote the development of American industries. Clearly not to bring down inflation and the price increases affecting most Americans.
How much of these funds have been used to pay for judicial assaults on Trump’s “enemies”? To pay recruitment bonuses to enlist Border Patrol and ICE agents to pursue the administration’s anti-immigration policies? To pay for their deployment to round up immigrants (seldom the “worst of the worst,” as claimed – while assaulting citizens and causing fear in the process)? To pay for Kristi Noem’s anti-immigration ads on radio and TV? To pay for legal defense against the many state and local lawsuits filed against the administration’s policies? Have some of these monies ended up in Trump’s own coffers?
And now it has just been announced that Trump has sold $500,000,000 of seized Venezuelan oil – and put the money, not in the US Treasury, but in a bank in Qatar!! This is staring to remind me of the song in “Evita,” which includes the lyrics “When the money keeps rolling …you don't keep books … accountants only slow things down.”
The American public should demand a fiscal accounting from the Trump administration – which, of course, will use all means possible to prevent this (denials, delays, refusals to comply with judicial orders and congressional acts, etc.).

Glad you shared this and the writer is spot on. That is really disturbing about the $ being put into his Quatar acct. There seems to be no stopping this guy.
ReplyDeleteJust how much cash was wasted for a pair of brand new Gulfstream G700 jets, so that crackpot Kristi Noem can jet around the country in a new faster & more luxurious plane? Plus the government had to blow even more cash on it that the list price, because they had to bump customers with pre-orders down the list to get those two brand new planes that are on back order from the billionaires. They even have a new, corporate kind of paint job, not the usual Coast guard paint job, so they will not be noticed as much as a regular Coast Guard plane!
ReplyDeletehttps://www.twz.com/sea/new-gulfstream-700-vip-jet-for-u-s-coast-guard-emerges
And don’t forget the plans to buy a bunch(20-30) jets to do their own deportations since airlines are getting twitchy about it.
DeleteThe reporting that I have seen claims that $500 million in oil was sold, not $500,000. Either an error or a typo. You may want to check and correct.
ReplyDeleteAmen and hallelujah. This isn't a government of the people, it's a family driven extortion racket. Let's all take a look at the books. And don't forget, DOGE wasn't about government efficiency, it was about making copies of gigantic government databases, an endless source of prosperity and power for Musk and his minions.
ReplyDeleteThe entire Trump family could be brought up on racketeering charges. Most of them would receive prison sentences.
DeleteOf all the remarkably transparent bits of projection the orange felon has engaged in when disparaging his many enemies, his and his minions' frequent references to "the Biden crime family" were among the most ridiculous and disgusting, as this is the most blatantly corrupt administration in U. S. history.
DeleteThe Republican toadies in all 3 branches of government who enable the corruption should be ashamed, if they were capable of it. They're the "law and order" party, after all. (However corrupt other administrations may have been, the dollar amounts and the eagerness of the Mob Boss-in-Chief to brag about it, put this level of corruption in a class by itself.)
the treasury departments office of budget and management does exactly what your demanding. their reports are published on the treasury website and are extensive.
ReplyDeleteits not like Square where you're business can see what income and expenses you have in real time. information in the reports lags months behind the data generated by government revenues and expenses.
its always been like this
The analysis called for is a great one and could be enlightening! The source for an unbiased analysis is the hard part to find. It is too easy to slip in smoke , mirrors and assumptions. I’m frustrated and angered by this administration’s bullshit, but who do you trust to give you factual data to review?
ReplyDeletePS. Can’t figure out how to leave my name and url
To add your name:
DeleteWhen you click on the white box to comment the header shows "Comment as" and the default is "Anonymous." But if you click the little down arrow to the right of Anonymous it gives a menu of options to comment with either: Google account; Anonymous; or, Name/URL. Choose the Name option and type your name, your initials, or a made up pseudonym, whatever you want. You don't have to enter anything at all in the URL so ignore that. Click Continue on the upper right of the box, and then opine away!
It's so hard to follow a thread of comments, or just reply to one, when everyone is just "Anonymous." I really wish the default was the name field and so people had to take that small extra step to be anonymous. Even just initials would be greatly appreciated from everyone.
BTW, thumbs up to your comment, Anonymous @ 8:30am.
DeleteThis is exactly what I’ve been screaming for the past year! Every time I see Kristi Noem on those commercials I think about the cost involved. Every time I see ICE agents terrorizing people on the street I think of them getting $50,000 sign-up bonuses. Every time I see the US blasting another fishing boat out of the water. Every time I hear of Kash Patel flying to one of his girlfriends’s concerts…..I could go on and on. The amount of money the Trump family has made during his presidency is sickening. Where’s the outrage? Remember when the Republicans were so upset that Hunter Biden sold one of his paintings and was “enriching” himself off of his father’s name?
ReplyDeleteDid a bit of homework. Since returning to the White House a year ago Donald Trump has made at least $1.4 billion. This includes significant earnings from his family's cryptocurrency scams, which reportedly earned at least $867 million.
DeleteAdditionally, Trump has made at least $90.5 million from major technology and media companies through settlements and other agreements. Overall, Trump's net worth has surged to approximately $7.3 billion. That's BILLION, with a B. Largely attributed to his presidency-linked activities.
He's now on a par with Al Capone, who's annual income during the Prohibition era is estimated to have been around $105 million at its peak in 1927. Adjusted for inflation, and in today's money, that's $1.8 billion. We've had a Mob-style gangster as POTUS for five years. And he was also taking in the bucks while Joe was in office.
Capone went to prison at 32, and he was still worth $100 million, in 1947 dollars, when he died of syphilis-induced dementia at 48. His relatives have repeatedly claimed that conversations with him, after he lost his marbles, revealed that he had squirreled away untold millions in buried strongboxes...and then had no memory of where they were buried. Most of the moolah has never been found
Wonder how much Mr. Tangerine Man has stashed away, probably overseas? And who will recover it when he croaks pretty soon? He looks worse than FDR did on his final day, like a walking dead man. Soon! Soon!
Speak up. Stand up. Protest. Flip.The. House. Thx once again Neil. Howie in East Lakeview
ReplyDeleteThank you, Mr Berg. Right on the nose! And thanks Neil for publishing.
ReplyDeleteExcellent points, thanks for sharing. Just FYI: today's EGD email is titled Works in Progress: Charles Troy, but the writer is named Charles Berg?
ReplyDeleteYes, Mr. Troy is a regular correspondent, and must have carved a groove in my brain. I typed the wrong name. Apologies to all concerned.
DeleteHe's asked the right questions, but I won't hold my breath until we get the answers.
ReplyDeleteMr. Berg makes excellent points. It certainly takes time and effort to pull out that information and be sure it's correct but it'd make a great theme for Dems in the '26 and '28 elections. "Follow the money." What the GOP/Trump choose to spend money on benefits the few (very few), whereas what the Dems choose to spend it on -- EPA, science research, healthcare, etc. -- benefits many.
ReplyDeleteThese are the questions people (Democeatic Party) running for office need to ask. Trump took all this money, and it's the taxpayers money, in other words, OUR MONEY, what is he doing with it?
ReplyDeleteCharles Berg has put his finger directly on pulse of everything wrong with this corrupt administration. The list of felonious bullshit is too long for a Sun-Times letter, so maybe that is why it was ignored. Thank you NS for having the insight to share it with your EGD readers.
ReplyDelete